UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
FORM 6-K
_____________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October, 2024
Commission File Number: 001-40816
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Argo Blockchain plc
(Translation of registrant’s name into English)
_____________________
Eastcastle House
27/28 Eastcastle Street
London W1W 8DH
England
(Address of principal executive office)
_____________________
Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒
Form
40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ☐
EXHIBIT INDEX
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Exhibit
No.
1
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Description
Argo
September Operational Update dated 04 October 2024
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Press Release
4 October 2024
Argo Blockchain plc
("Argo" or "the Company")
September Operational Update
Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:
ARB; NASDAQ: ARBK), is pleased to provide the following operational
update for September 2024.
During the month of September, the Company mined 37 Bitcoin
("BTC"), or 1.2 BTC per day consistent with August 2024. BTC
production was again impacted by economic curtailments during the
month and low hash price.
Mining revenue in September 2024 amounted to $2.2 million down from
$2.3 million in August 2024. Mining margin for the third quarter
was below 10%, lower than the second quarter as a result of the
lower hash price realized in the third quarter versus the second
quarter, and higher power prices. As at 30 September 2024, the
Company held 4 BTC equivalent.
This announcement contains inside information.
For further information please contact:
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Argo Blockchain
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Investor Relations
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Tennyson Securities
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Corporate
Broker
Peter Krens
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+44 207 186 9030
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Fortified Securities
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Joint
Broker
Guy Wheatley, CFA
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+44 7493 989014
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Tancredi Intelligent Communication
UK
& Europe Media Relations
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About Argo:
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK)
blockchain technology company focused on large-scale cryptocurrency
mining. With mining facilities in Quebec, mining operations in
Texas, and offices in the US, Canada, and the UK, Argo's global,
sustainable operations are predominantly powered by renewable
energy. In 2021, Argo became the first climate positive
cryptocurrency mining company, and a signatory to the Crypto
Climate Accord. For more information, visit www.argoblockchain.com.
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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Date:
04 October, 2024
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ARGO BLOCKCHAIN PLC
By:
/s/ Jim
MacCallum
Name:
Jim MacCallum
Title:
Chief Financial Officer
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